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Last updated: June 17, 2025, 19:25  |  Written by: Linda Xie

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Bank of America says BRICS’ won’t succeed in killing

US Dollar's Dominance Not Under Threat; BRICS Currencies

Can BRICS dethrone the US dollar? It’ll be an uphill

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BofA: US Dollar's Dominance, Privilege Are Here To Stay - BRICS

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The global dominance and privilege of the U.S. dollar are not under threat since there are no other currency alternatives available, Bank of America Securities said.

Bank Of America Securities Says

BRICS Currency May Not Upstage the US Dollar Anytime Soon

The BRICS have no choice but to use the USD. Despite Brazilian President Lula da Silva's efforts to create a currency for settling payments among BRICS nations, Bank

Bank of America Securities says that the global dominance of the US dollar is not in any way under threat, due to there being “no other currency alternatives” available.

U

U.S. President-elect Donald Trump has warned the BRICS countries that if they attempt to replace the “mighty U.S. dollar” they would face “100 percent tariffs and should

Linda Xie can be reached at [email protected].

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